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Frankfort, NY Real Estate


According to census data in the year 2000 there were 1,164 housing units in Frankfort. This represents a 3.6% growth from 1,124 in 1990.

Of those housing units, 1,164 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Frankfort is about 61.1%. Frankfort's vacancy rate, including seasonal lodging, is about 7%. Average household size is 2.34 people.

The majority of houses, apartments or condos in Frankfort were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom7.70%
Two Bedrooms30.80%
Three Bedrooms45.30%
Four Bedrooms13.10%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1939
Median Value of occupied units$64,500
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1939
Median Monthly Rent asked for vacant units$345

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.60%
Second Mortgage0.50%
Home Equity Loan7.90%
Simple Mortgage34.60%
Debt Free54.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17%